Neopharmed Gentili, a pharma company that belongs to Ardian and NB Renaissance, said it and that attracted revolving facilities of 130 million and that placed 750 million euros high-yield bonds (see here a previous post by BeBeez). The first tranche of senior secured fixed rate notes amounts to 350 million with a price worth 100% of their face value and an annual rate of 7.125%. The second tranche of senior secured floating rate notes is of 400 million with a price worth 99.5% of their face value with a 3M euribor rate (zero floor) plus 425 bps for which there will be a quarterly reset. Neopharmed will invest such resources in refinancing the 700 million senior secured notes that issues in March. The company also applied for listing such issuances on Luxembourg Stock Exchange and Euro MTF Market. In October 2023, Eric Falcand replaced Andrea Del Bono as Neopharmed Gentili ceo.
ATAP, the public transport company for Biella, Vercelli and Turin areas, received from UniCredit a 36-months 9.8 million euros financing facility for the renewal of its fleet of vehicles (see here a previous post by BeBeez). The transaction involves an upfront payment of public contributions, mainly from the National Recovery and Resilience Plan (NRRP). The company will invest such resources in replacing diesel buses with electric and natural gas vehicles. ATAP retained Sinloc MC while Chiomenti assisted UniCredit. ATAP has sales of 16 million, an ebitda of 0.27 million and a net financial debt of 1 million.
Erre Zeta, an Italian producer of doors, issued an up to 2.5 million euros minibond maturing on 28 March 2029 and paying a coupon of 6M Euribor plus 3.5% (see here a previous post by BeBeez). The issuance is under placement on CrowdBond, the portale of equity crowdfunding platform Opstart and attracted orders for 0.75 million. Erre Zeta belongs to Roberto Zanesi (51%) and Giacomo Zanesi (49%). the company has sales of 40.3 million euros, an ebitda of 3.4 million and net cash of 1.8 million. The raised proceeds will finance the opening of a mega store for B2C and B2B sale. To this end, Erre Zeta aims to acquire a 12500 sqms real estate asset in Bergamo area that is worth 2.5 million and that requires refurbishing for 0.3 million.
Casali, a producer of materials for the construction sector, attracted an ESG-linked facility of 1.5 million euros from UniCredit‘s programme Futuro sostenibile (see here a previous post by BeBeez). The loan has a tenure of 8 years prestito. Casali will invest such proceeds in implementing ESG strategies. The company has sales of 42.4 million, an ebitda of 3 million and net debts of 4.8 million. Casali belongs to Exagon (80%), Riccardo Pilesi (10%), Arianna Pilesi (5%), and Marta Pilesi (5%). Exagon’s owners are Fausto Alessandrelli (45%), Mauro Moreschi (coo – 8.3%), five shareholders with 8.3% each, and Maximiliano Albano Di Lorenzo (5%).
Mediocredito Centrale, a firm of the Italian Ministry of Economy and Finance – MEF, and the European Investment Fund (EIF, part of the European Investment Bank – EIB) signed an agreement for supporting the innovation projects of Italian SMEs, especially those based in the Centre and the South (see here a previous post by BeBeez). MCC and its subsidiaries Banca del Mezzogiorno and Cassa di Risparmio di Orvieto will provide unsecured financing facilities of up to 2 million euros with tenures of 2 – 8 years and the warranty of EIF in the frame of the programmes InvestEU Innovation & Digitalisation and InvestEU Sustainability. 2 milioni per singolo progetto, su durate comprese tra 2 e 8 anni. The warranty will be of 70% and 80% (for the companies based in the South).
Italian boutique wealth manager Cassa Lombarda acquired 6.5% of Anthilia Capital Partners from PKB Private Bank (a firm of the Trabaldo Togna Family) and rose to 14.29% its previous 7.78% stake in the target (see here a previous post by BeBeez). PKB is the controlling shareholder of Cassa Lombarda and both received assistance from Dwf. Paolo Vistalli is the ceo and coo of Cassa Lombarda.
Roberto Quagliuolo, managing director, deputy head of private equity and co-head of Italy for Tikehau Capital, will head alone the firm’s Italian bureau as Luca Bucelli resigned from his co-head role (see here a previous post by BeBeez). Quagliuolo previously worked for Oaktree Capital Management and joined Tikehau in 2018 as head of private equity.
